Which of the following is the most sensitive to interest rate changes?
a. The demand for non-durable goods.
b. The demand for inexpensive goods.
c. The demand for durable goods.
d. The demand for necessities.
e. The demand for services.
C
Economics
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A) domestic consumers of the good B) domestic producers of the good C) domestic governments D) foreign producers of the good E) foreign governments
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A temporary decrease in the price of oil would be considered a:
A. long-run supply shock. B. demand shock. C. short-run supply shock. D. The changing price of oil would not affect any of these.
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